The U.S. government has sued a specific individual in a major case alleging fraudulent subprime mortgage sales in the lead up to the financial crisis....

Angelo Mozilo is the smartest man in the world. The Salmon-American hero of the housing boom that sadly ended for no apparent reason a few years ag...

by Paul Kiel ProPublica, Nov. 9, 2012, 1:18 p.m. An executive who the Justice Department says facilitated a scheme to defraud Fannie Mae and Fre...

Down the line, many hope that what Occupy has failed to accomplish, hard-nosed prosecutors might be able to provide: a measure of justice for the millions of aggrieved homeowners either forced out in foreclosure.

* Talks constructive, but settlement not imminent * Bank, Fannie fighting over requests to buy back soured mortgages * ...

We're screwed. That's as good a place to start this post as any. Congress and the Administration have been co-opted -- bought and paid for. Financial regulation is a joke and fraud is a business model and seen as standard operating procedure.

By Karen Freifeld NEW YORK, July 17 (Reuters) - Bank of America Corp has agreed to pay $375 million to settle a case ...

By Rick Rothacker July 12 (Reuters) - For nearly three years, as Kyle Lagow struggled to find work and his finances crumbled, he kept ...

Steal a Snickers bar from the 7-11 and you could face jail time. Angelo Mozilo took a half billion dollars in compensation for loans that blew up our economy. And so far, he's gotten off virtually scott free.

WASHINGTON — The former Countrywide Financial Corp., whose subprime loans helped start the nation's foreclosure crisis, made hundreds of discoun...

One Texas woman finally got the $300,000 that Bank of America owed her. And it only took four years. The Southeast Texas Record has the whole sad s...

A huge mistake is weighing on Bank of America. The bank’s acquisition of mortgage lender Countrywide in 2008 has cost BofA more than $40 billion...

(AP)- Barclays PLC and its subsidiaries will pay about $453 million to settle charges that they tried to manipulate interest rates that can affect how...

Six years after the onset of the housing bust, big banks are still facing allegations that race influenced their lending practices. Beth Jacobson, ...

By Rick Rothacker May 29 (Reuters) - A former home appraiser will receive $14.5 million as part of a whistleblower lawsuit that accuse...

Sometimes, more than incense and candles are burned at Church. Last Sunday, members of the First Baptist Church of Lincoln Gardens in New Jersey ga...

"Banking is too complicated for ordinary people to understand," reads the press release from YourBofA.com. "That's not to say people are stupid." T...

By Matthew Goldstein and Jennifer Ablan NEW YORK, April 12 (Reuters) - For the second time in five months, Bank of America is tapping ...

The federal government is bringing a little justice to the mortgage mess, even if there was a five year delay. Paige Kinney of Phoenix, a former C...

* BofA cites Fannie Mae repurchase claims * Bank still selling loans to Freddie Mac * BofA freezing pension plan June 30...